HomeCompanies in LiquidationFastmin Limited

Is Fastmin Limited in compulsory liquidation?

Last verified 26 May 2026
In Compulsory LiquidationYes, Fastmin Limited (company number 02402358) entered compulsory liquidation on 3 August 1992, by order of the court.

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Fastmin Limited is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.

How the case progressed

  1. Receivership
    7 June 1991
  2. Compulsory liquidation
    3 August 1992

Company at a glance

StatusIn Compulsory Liquidation
Company number02402358
Incorporated10 July 1989 (37 years old)
Registered officeLangwood House,, 63/81, High Street,, Rickmansworth,, Herts., WD3 1EQ
Date entered compulsory liquidation3 August 1992
Public registerView filing history ↗

About the business

Fastmin Limited is a UK limited company based in Rickmansworth, incorporated in 1989 and 3 years old when the liquidator was appointed. There have been 3 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed. 2 charges have been registered against the company, 2 of which are still outstanding.

Directors

3 people have been appointed as directors of Fastmin Limited.

DirectorStatusResigned
Michael John SuttonActive
Robert Frank Morcom-HarneisResigned9 Jan 1992

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingHill Samuel Bank Limited
Debenture · Created 18 Oct 1991 · Pending
OutstandingWestpac Banking Corporation
Fixed and floating charge · Created 7 Jun 1991 · Pending

What happened

EventDateType
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
Legacy12 November 1993405(2)
Receiver's abstract of receipts and payments12 November 19933.6
Receiver's abstract of receipts and payments2 September 19933.6
Legacy12 November 1992SPEC PEN
22 earlier events · 1990 to 1992
Legacy2 September 1992405(1)
Order of court to wind up24 August 1992COCOMP
Notice of order of court to wind up18 August 19924.13
Compulsory liquidationStatus3 August 1992
Legacy26 June 1992288
Legacy26 May 1992288
Legacy26 May 1992287
Full accounts made up17 February 1992AA
Legacy17 February 199288(2)R
Full accounts made up7 November 1991AA
Legacy23 October 1991395
Legacy7 September 1991363x
Legacy22 August 1991288
Legacy22 August 1991288
Legacy11 June 1991395
ReceivershipStatus7 June 1991
Legacy4 June 199188(2)R
Resolutions4 June 1991RESOLUTIONS
Resolutions4 June 1991RESOLUTIONS
Legacy4 June 1991123
Legacy5 April 1991287
Legacy24 October 1990287
Incorporation10 July 1989NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.

Owed money by a company in liquidation

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.

How retention of title works

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Other companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Fastmin Limited in compulsory liquidation?
Yes. Fastmin Limited (company number 02402358) entered compulsory liquidation on 3 August 1992, by order of the court.
Where is Fastmin Limited based?
Fastmin Limited's registered office is Langwood House,, 63/81, High Street,, Rickmansworth,, Herts., WD3 1EQ. The registered office is the address held on the public register, which is not always the trading address.
When was Fastmin Limited founded?
Fastmin Limited was incorporated on 10 July 1989, 3 years before the liquidator was appointed.
What is Fastmin Limited's company number?
Fastmin Limited's registered company number is 02402358.
Does Fastmin Limited have any outstanding charges?
2 outstanding charges are registered against Fastmin Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Fastmin Limited?
Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
How long does liquidation take?
Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
Will creditors get paid in Fastmin Limited's liquidation?
Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.

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